Get Professional Preparer's Statement Of Landscape ... - City Of Miami

Responsibilities Calculate tax payments. Estimate tax returns, deductibles, liabilities, and expenses. Prepare quarterly and annual reports. Collect data from income statements and expense documents. Complete clients' tax documentation. Review data on reports and detect possible errors.

Anyone can be a paid tax return preparer as long as they have an IRS Preparer Tax Identification Number (PTIN). However, tax return preparers have differing levels of skills, education and expertise. Learn about tax preparer credentials and qualifications.

Preparer means the Company that is responsible for the preparation and filing of the Combined Return or Separate Return, as applicable, pursuant to Section 3.

The major difference between accountants and tax preparers are the education and licensure requirements for each. The services and value they offer their clients is shaped by their level and scope of training.

A paid tax return preparer is primarily responsible for the overall substantive accuracy of your return and by law, is required to sign the return and include their preparer tax identification number (PTIN) on it.

Required Skills/Abilities: Excellent interpersonal and customer service skills. Ability to understand and apply tax laws and changes in the preparation process. Excellent organizational skills and attention to detail. Accurate math and accounting skills.

A tax preparer is an individual who prepares, calculates, and files income tax returns on behalf of individuals and businesses. There are several different types of tax preparers, with some having credentials issued by third-party organizations while others are non-credentialed preparers.

So, in conclusion, basic tax preparation is essentially data entry and is not very difficult at all. As you go into the intermediate stages of tax preparation, you are going to be required to know much more about tax code and its laws.